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Using a large panel of firm survey data from Japan (Tankan survey), we provide micro evidence of strategic complementarity in firms' price setting. We find that a firm's price adjustment is affected by its competitors' pricing behaviour and that this adjustment is larger when the firm is...
Persistent link: https://www.econbiz.de/10012836976
This summary investigates how robots affect several variables related to labour, and vice versa. In order to evaluate the causal relationship, we use quality-adjusted robot stock data and labour market data from 26 industries in 33 countries. According to the results obtained from three...
Persistent link: https://www.econbiz.de/10012836990